Streetbeat News

Earnings

ILMN

Illumin Holdings Inc has projected its Q2 revenue to be around $33M and its adjusted EBITDA to be approximately $20,000.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:17 pm

EBAY

eBay has projected its Q3 revenue to be between $2.46B and $2.52B, surpassing the estimated $2.23B. The company also expects its non-GAAP EPS to be between $0.96 and $1.01, higher than the estimated $0.92.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:16 pm

FLEX

Flex has projected its FY24 revenue to be between $30.5B and $31.5B, compared to the estimated $30.88B. The company also anticipates its adjusted EPS to be $2.35-$2.55, versus the estimated $2.43.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:15 pm

GGG

Graco (NYSE:GGG) reported Q2 earnings of $0.75 per share, missing the analyst consensus estimate of $0.80 by 6.25%. The company also reported quarterly sales of $559.64 million, missing the analyst consensus estimate of $576.08 million by 2.85%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 26, 2023 | 8:15 pm

IRT

Independence Realty Trust (NYSE:IRT) reported Q2 earnings of $0.28 per share, a 7.69% increase YoY. However, the company's quarterly sales of $163.60 million missed the analyst consensus estimate of $164.95 million by 0.82%.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:15 pm

ORN

Orion Gr Hldgs (NYSE:ORN) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.13) by 7.69%. This is a 366.67% increase in losses from the same period last year. However, the company's quarterly sales of $182.53 million beat the analyst consensus estimate of $179.73 million by 1.56%, despite a 6.19% decrease from last year.

Portfolio Pulse from totan@benzinga.com

July 26, 2023 | 8:15 pm

FLEX

Flex Ltd. has projected its Q2 2024 revenue to be between $7.3B and $7.7B, compared to the estimated $7.64B. The company also anticipates its adjusted EPS to be between $0.55 and $0.60, versus the estimated $0.58.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:14 pm

ACGL

Arch Capital Group reported its Q2 earnings per share (EPS) at $1.92, surpassing the estimated $1.58. The company also reported net premiums earned of $2.965B.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:14 pm

LC

LendingClub, a peer-to-peer lending company, expects its Q3 loan originations to be between $1.4 billion and $1.7 billion.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:14 pm

LC

LendingClub (NYSE:LC) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.04 by 125%. However, this is an 80% decrease from the same period last year. The company also reported quarterly sales of $232.47 million, beating the estimate of $227.26 million by 2.29%, but this is a 29.57% decrease from last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:14 pm